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Search Results 0 to 49 of about 109 (some duplicates have been removed)
FOX News
Nov 14, 2012 3:00pm PST
.s. economy due to hit the fiscal cliff, trillion of tax increases and spending cuts, president obama called for a catch henceive deal and said he is not going to one on the top 2%. >> we cannot afford to extend the bush tax cuts for the wealthy. we can make sure that middle class taxes don't go up. if we get that in place we are removing half of the fiscal cliff. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and tr
CSPAN
Nov 14, 2012 8:00pm EST
what i said on friday. right now, our economy is still recovering from a very deep and damaging crisis. so our top priority has to be jobs and growth. we've got to build on the progress that we've made. because this nation succeeds when we've got a growing, thriving middle class. and that's the idea at the core of the plan that i talked about on the campaign trail over the last year, rewarding manufacturers and small businesses that create jobs here, not overseas, providing more americans the chance to earn skills that businesses are looking for right now. keeping this country at the forefront of research, technology, and clean energy, putting people back to work rebuilding roads, bridges and schools and reducing our deficit in a balanced and responsible way. on this last item, we face a very clear deadline. that requires us to make some big decisions on jobs, taxes, and deficits by the end of the year. both parties voted to set this deadline. and i believe that both parties can work together to make these decisions in a balanced and responsible way. to meet with labor and civic leader
FOX News
Nov 14, 2012 1:00pm EST
cliff -- this affects the whole economy of this country going forward. one of the big questions is going to be that republicans are saying we don't want to see any rate increase, we just want to see revenues through closing loopholes, top administration officials, including secretary tim geithner, he says we want to see rates increase for upper income people. we will see where the president comes down with that. that will be a big issue. on friday, he will meet with congressional leaders. also, if he's willing to put on the table what he did in august of 2011. that is major cuts to entitlement, social security, medicare. and of course, questions about benghazi. he has never fully accounted about the warnings beforehand. you know, did he know that there were all these warnings about security, lack of security in benghazi at the consulate in august. that is a month before the attack. of course, david petreaus -- when did he hear about it? and if he did not hear about it, until last week about the election -- why not? is he upset about our? megyn: that's right, does he have any issue with t
CSPAN
Nov 14, 2012 12:00pm EST
the economy stronger white a set of commitments to finance, a high level of public investments in infrastructure and education and a lot of bipartisan support for that. i think there's a lot of support for doing the obvious things you have to do. you have to pass an extension tax of the amt is very important to do. you listen carefully there's a lot of support for trying to make real progress on the long-term fiscal soundness. there's a lot of benefit in doing that for the economy. how you do that is important. so i think this is a solvable problem and we want to do as much as we can to take an advantage of this opportunity to make some progress in each of those fronts. >> there's one thing about which they're doesn't appear to be a lot of agreement and that is should the bush tax cuts on the overt and hundred 50,000 crowd be extended or should taxes be raised? >> i heard jay carney an hour or so ago say the president will not agree to anything that extends the tax cuts on the upper brackets. that sounds like a line in the sand; is it? >> i do think it's important to start by a
CSPAN
Nov 14, 2012 1:00pm EST
that are now griffin to various parts of -- given to various parts of our economy, for example, the oil and gas industry, and shift those tax breaks around so we would fund infrastructure project. in fact, that's what the president proposed to do. before i go further into how we might use the effort to build infrastructure, i want to just say that that infrastructure program is going to be absolutely essential to rebuild an extraordinarily important part of this nation. that is the east coast. new jersey, new york, connecticut and some parts of pennsylvania were devastated. there is going to be a multi-billion dollar rebuilding program necessary just to go back to where those parts of this country were before the storm hit. much more will be needed to protect those parts of this country from future storms that are certain to occur. i'll let it go at that. sigh my colleague from new york -- i see my colleague from new york city has arrived here and i'd like her to pick this issue up and talk about the devastation that occurred in her communities and then we can come back to the infrastructure .
Current
Nov 14, 2012 5:00pm PST
winning his second term. at the top of his agenda, a first step towards saving the country's economy were dropping off the so-called fiscal cliff which one of our guest tonight more aptly calls the austerity bomb. >> pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. we should not hold the middle class hostage while we debate tax cuts for the wealthy. we should at least do what we agree on, and that's to keep the middle class taxes low. >> eliot: the president also emphasized what he would not do a sending time to make a tax deal with house republicans. >> obama: what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists, will have the least positive impact on our economy. >> eliot: mr. obama also waded into the scandal that saw general david petraeus step down as director of the c.i.a. he offered assurances that damage from petraeus' affair was at least so far confined to the general and his family, and offered some words of support. >> obama: i have no evidence at th
MSNBC
Nov 14, 2012 5:00pm PST
't that be good for the economy? the president is open to compromise, but he's not going to give away the store, not this year. he learned his lessons back in the lame duck session of congress, 2011. so today he openly rejected the mitt romney, john boehner solution for tax reform. >> what i will not do is to have a process that is vague, that says we're going to sort of, kind of raise revenue through dynamic scoring or closing loopholes that have not been identified. and the reason i won't do that is because i don't want to find ourselves in a position six months from now or a year from now, where lo and behold, the only way to close the deficit is to sock it to middle class families. >> now, that is the classiest way i have ever seen anybody say, you know what, somebody's got to pick up the bar tab, boys. this is what president obama ran against in the presidential election. mitt romney's approach to tax reform was, trust me. the american public wanted specifics. and president obama continued to give specifics today, but the economy wasn't the only thing on the president's mind today. earlier
CNBC
Nov 14, 2012 2:00pm EST
with everybody so long as it is advancing the cause of strengthening our middle class and improving our economy. i've got a lot of good relationships with folks both in the house and the senate. i have a lot of relationships on both sides of the aisle. it hasn't always manifested itself in the kind of agreements that i'd like to see between democrats and republicans, and so i think all of us have responsibilities to see if there are things that we can improve on, and i don't exempt myself from needing to do some self-reflection and see if i can improve our working relationship. there are probably still going to be some very sharp differences, and as i said during the campaign, there are going to be times when those are fights and i think those are fights that need to be had. but what i think the american people don't want to see is a focus on the next election instead of a focus on them. and i don't have another election. michelle and i were talking last night about, you know, what an incredible honor and privilege it is to be put in this position. there are people all across this country -- mi
FOX News
Nov 15, 2012 1:00pm PST
with regards to not hurting the economy as much. it is when we are slowing that this really hurts. >> well, i think wall street isn't buying this infomercial. judging from had today's losses and 700 points worth since the election either they want that money back guarantee or they don't want the money, period. >> i think that's it. i think they don't want the money, period. i think they want simplicity. i think they want cuts on the tax rates. but maybe an elimination of loopholes. things to sim plaw fight the code and -- simplify the code and make it clear that all of the money will be taken away and spent in other places that again the government says they know better about. so that is really the issue here. we aren't seeing any clarity on. >> have you been a wonderful contestant. thank you as always. >> accept my parting gifts, thank you. >> will this number though stop this one? the first number is how many people were lining up last week for first time jobless benefits? 439,000, well above estimates. hurricane sandy blamed for a bulk of it. it shows the whichy is still not heading in the
NBC
Nov 11, 2012 8:00am PST
on the economy. but in fact, that's the part of the bargain that you have to do. and we're at historic lows on revenues. so i've always agreed to it. i voted for the simpson-bowles, i've been part of the gang of six, gang of eight. i agree that we have to go there, but how we go there is very important in terms of the incentives for capital investment in this country. and we have do it in a way that does not diminish that. >> let me turn quickly to lessons from this election and where things go beyond this negotiation over fiscal matters. senator schumer, immigration. are we going to get comprehensive immigration reform? it sounds like, if you listen to the house speaker, they've had a chang of heart, they want a comprehensive plan. is there news to be made on this? >> yeah, i think so. senator graham and i have talked, and we have resuming the talks that were broken off two years ago. we had put together a comprehensive, detailed blueprint on immigration reform. it had the real potential for bipartisan support based on the theory that most americans are for legal immigration but very much
FOX News
Nov 14, 2012 8:00am PST
.s. economy, fewer jobs, less investment, and lower wages. back to you, guys. rick: liz macdonald. you hear talking points from both sides. we want to try to get down and drill to the facts. you have the president drawing a new line in the sand according to a lot of headlines this morning with plans to open up friday's fiscal cliff negotiations with absolutely no concessions on the table and far more in new taxes than republicans have said they're willing to even consider. so we have some breaking news. we'll get to that in a minute. jenna. jenna: i guess we'll go down live to d.c. now. we're waiting a press conference. there is senator mccain, ayotte and graham talking about the future of the benghazi investigation. let's take a listen. >> establish such a select committee and we will urge the senate leadership to act on it as soon as possible. while we await the findings and recommendations of the administration's internal review of the benghazi attack, it is essential for the congress to conduct its own independent assessment. let me be clear. there is no credibility amongst most of us c
NBC
Nov 14, 2012 11:00am PST
class and improving our economy. you know, i've got a lot of good relationships with folks both in the house and senate. i have a lot of relationships on both sides of the aisle. it hasn't always manifested itself in the kind of agreements that i'd like to see between democrats and republicans. and so i think all of us have responsibilities to see if there are things we can improve on. and i don't exempt myself from needing to do some self-reflection and see if i can improve our working relationship. there are probably going to be, still, some very sharp differences, and as i said during the campaign, there will be times where there are fights. i think those are fights that need to be had. but what i think the american people don't want to see is a focus on the next election instead of a focus on them. and i don't have another election. and michelle and i were talking last night about, you know, what an incredible honor and privilege it is to be put in this position. and there are people all across this country, millions of folks, who worked so hard to help us get elected but th
FOX News
Nov 15, 2012 8:00am PST
has been with the eu. as they faulter we have to consider the impact this may have on our own economy. jon: on the hill they call him dr. no, fiscal conservative senator shaun coburn maintaining his position against federal spending programs. he kicked off his programs for $68 billion in cuts. steve centanni live in washington. tell us about this report, what is in it. >> the report on spending in the department of defense is called the department of everything, and recommends specific cuts over ten years in five main areas of concern. the report says in part, these areas are merely a starting point for reviewing pentagon spending that is unnecessary, duplicative, wasteful or simply not related to defense. we must refocus the pentagon on its true mission, fighting and winning the nation's wars. the report highlights waste in dozens of specific programs, they include research on what fish can teach us about democracy, a study of jargon used on twitter and how it differs across the country. a reality cooking show featuring grill sergeants. a so-called starship project that included a di
CNN
Nov 15, 2012 2:00am PST
, according to economists, will have the least positive impact on our economy. >> the president also coming to the defense of susan rice, the u.s. ambassador to the united nations, who just a few days after the attack as you recall said violence on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. two top-ranking republicans are vowing to block rice's nomination if she is picked to be the next secretary of state. the president firing back with a rare flash of anger. >> senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian, live from washington this morning. it's really nice to see you, dan. >> good to see you. >> let's first talk about the fiscal cliff. the president said we could see a deal by next week. that may hinge on this issue with taxes. how are republicans responding to the president's remarks? >> well, you know, first of all, there does seem a willingness by republicans to find areas of agreement, to reach a compromise. but they are pushing back on the presid
NBC
Nov 15, 2012 4:00am PST
a slowing economy and demand for change. >>> next to colorado, where a hearing today for james holmes, the man accused of killing 12 people and wounding dozens more in a movie theater, has been delayed because he was hospitalized. holmes reportedly ran into a jail cell wall and jumped off his bed, but there are no details about his condition. >>> well, fiscal cliff fears hit wall street wednesday. but today, bad news could come from overseas. the 17 countries that make up the eurozone are back in recession after its economy contracted for a second straight quarter. the wider eu, however, avoided the same fate, thanks mostly to last summer's olympics boost. >>> back on the street yesterday, selling picked up during president obama's media briefing about those upcoming tax cut negotiations. and today, we'll see the impact the fed has. chief ben bernanke speaks this afternoon. >>> before the bell this morning, walmart reported earnings that beat the street's estimates. retail sales dropped in october after three months of gains. >>> later today, bp is expected to announce it will pay the
FOX News
Nov 15, 2012 3:00pm PST
the economy slipped back to recession, offering little hope of the exports to that part of the world and increase in jobless filing last week, some economists blame hurricane sandy, lawmakers look to lower the fiscal cliff the economy is approaching if they don't reach a deal on reducing the deficit. house democratic leader nancy pelosi urged extending middle class tax cut. >> we must not hold middle class tax cuts hostage to wealthiest americans. >> republicans know if they don't the democrats will let the upper income tax cuts expire, which they say will hurt job creation. day after the first news conference in more than half a year and the first after the re-election, newspaper seized on the president's suggestion he might not demand the top income tax rate return to what it was under bill clinton. aides with him for the second tour of damage from hurricane sandy suggested mr. obama's demand is for a sure source of re-knew, leaving negotiators to decide how much the re-knew is. >> what i will not do is to have a process that is vague, that says we're going to sort of, kind of rais
MSNBC
Nov 15, 2012 9:00am PST
back to us expanding the economy though there was no evidence of that. romney's gift would have cost taxpayers money. obama's gift saved taxpayers money. >> talk about the splintering inside the republican party or what seems to be happening, you're a supporter of the jindal position which is more tolerant, less coated in racial rhetoric, do you think there's room in the republican party for both of these kinds of voices which is to say, one group of people which is you know karl rove is doubling down saying conservatives shouldn't abandon principles what they need to work on is messaging and bobby jindal advocating for a wholesale rethinking of what conservatism and what the grand old party means in the 2th century. >> i'm encouraged there are more voices and people in the party advocating i think on the jindal side of the argument. i think that -- i was glad in many respect is it was a definitive outcome, there wasn't a split vote on the electoral college and the popular vote. many republicans have gotten the message. they understand we need to get right on issues like immigration,
CNN
Nov 14, 2012 11:00am PST
as it is advancing the cause of strengthening our middle class and improving our economy. you know, i've got a lot of good relationships with folks both in the house and the senate. i have a lot of relationships on both sides of the aisle. it hasn't always manifested itself in the kind of agreements i would like to see between democrats and republicans and so i think all of us have responsibilities to see if there are things we can improve on. and i don't exempt myself from needing to, you know, do some self-reflection and see if i can improve our working relationship. they're probably going to still be some sharp differences. and as i said during the campaign, there are going to be times where there are fights and i think those are fights that need to be had. but what i think the american people don't want to see is a focus on the next election instead of a focus on them. and i don't have another election. and, you know, michelle and i were talking last night about, you know, what an incredible honor and privilege it is to be put in this position. and there are people all across this country, mil
CBS
Nov 14, 2012 5:30pm PST
to hurt our economy and make job creation more difficult which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't be enough to cut the deficit. he'll have that argument face to face with wayne or friday. one of the most frequent criticisms we've heard over the past few years from members on both sides if you haven't done enough to reach out and build relationships. are there concrete ways you plan to approach your relationships with congress in the second term? >> look, i think there's no doubt that i can always do better. and i don't exempt myself from needing to do some self- reflection, and see if i can improve our working relationship. there are going to be times where there are fights, and i think those are fights that need to be had. >> reporter: the president warned today that if the two sides don't strike a deal, it could hurt the holiday shopping season and dampen holiday hiring, scott, as people prepare for the possibility that their tax rates will go up on january 1. >> pelley: thanks, nancy. it was all across europ
MSNBC
Nov 14, 2012 11:00am PST
of strengthening our middle class and improving our economy. you know, i've got a lot of good relationships with folks in the house and the senate and both sides of the aisle. it hasn't always manifested itself in the kind of agreements that i would like to see between democrats and republicans and so i think all of us have responsibilities to see if there are things to improve on. and i don't exempt myself from needing to, you know, do some self reflection and see if i can improve our working relationship. there are probably going to be still be some sharp differences and as i said during the campaign there are going to be times there's fights and i think those are fights this need to be had but what i think the american people don't want to see is a focus on the next election instead of a focus on them. and i don't have another election. and, you know, michele and i were talking last night about, you know, what an incredible honor and privilege it is to be put in this position. and there are people all across this country, millions of folks who worked so hard to help us get elected but th
CNN
Nov 14, 2012 8:00pm PST
and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> we start the second half of the show with stories we care about where we focus on our own r reporting from the front lines. in a call with donors, mitt romney reportedly blamed his loss on gifts obama gave to minorities and young voters. first reported by the "l.a. times." romney says obama won over with two things -- and allowing those 26 and younger to remain on their parent's health insurance. he said obama's health care plan helped him with blacks and hispanics, and apologized for not winning. >>> the o
CNN
Nov 7, 2012 10:00pm PST
economy and a whole lot more? for president obama, what next? today markets took a nose dive because investors see what's coming and worried that washington cannot fix it. that's why we are here again tonight. in the speeches last night and the statements today, everyone president obama and mitt romney to the leaders in the building behind me all say they get it. they understand the challenges and will rise to meet them. listen. >> we want our children to live in america that isn't burdened by debt and isn't weakened by inequality and isn't threatened by the destructive power of a warming planet. >> the nation as you know, is at a critical point. and at a time like this we can't risk partisan bickering and political posturing. >> if there is a mandate in yesterday's results, it's a mandate for us to find a way to work together on solutions to the challenges we all face as a nation. >> it's better to dance than to fight. it's better to work together. everything doesn't have to be a fight. >> well, tonight, what is next on the fiscal cliff, on the rest of the president's agenda. on whe
CNN
Nov 15, 2012 4:00am PST
economy. >> the president also making clear that he has susan rice's back. that's his ambassador, the embattled u.s. ambassador to the united nations. initially she said that that september 11th attack on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. well, now two top-ranking republicans are vowing to block her nomination if, in fact, she is picked to be the next secretary of state. that had the president very anger. here's what he said. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian is in washington, d.c., this morning. let's start first, dan, before we get to the ambassador, the embattled ambassador, let's start with taxes. >> well, yes. you know, republicans pushing back on the president yesterday, because they don't want to see taxes raised, even on wealthy americans, because they believe that that will stifle economic growth and will hit those people who are the job creators. at the same time, there does appear to be this willingness to
Search Results 0 to 49 of about 109 (some duplicates have been removed)